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Is the Age of American Exceptionalism Over?

DeFi Daily News by DeFi Daily News
May 16, 2025
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Is the Age of American Exceptionalism Over?
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Markets used to know what to do in a crisis: buy Treasuries, run to the dollar and assume America would be the anchor. But lately the US has ceased being a predictable, stabilizing force. On trading desks across the globe, models built on American exceptionalism are quietly being rewritten. If US exceptionalism is faltering, what will take its place? And how do you hedge when the hedge is uncertain?

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